Small Industries Development Bank Recruitment Notification for Various Managerial Posts

SIDBI is the Principal Financial Institution set up under an Act of Parliament for promotion, financing and development of MSME sector in India. Micro, Small and Medium Enterprises (MSMEs) in the last six decades have contributed to creativity, innovation and dynamism in the industrial sector which has led to the spread of industrial development across the country. MSMEs have not only proved to be the largest creators of employment opportunities but today also account for more than a third of the nation’s manufacturing output and exports.


Small Industries Development Bank (SIDBI) – Lucknow invites application for the following posts:

Post Code

Name of Post (Stream)

Pay scale

Gross Monthly Emolument at the minimum of pay scale and indicative CTC in r/o contractual posts

Job profile (in brief)

No. of

Posts

Vacancies reserved for

SC

ST

OBC

1 A

Chief Economist (in the rank of CGM) on contract basis

CTC upto `40 lakhs per annum at Mumbai

Would be analyzing and evaluating national and international economic and financial indicators of relevance to the Bank with specific implications for the MSME sector. Will undertake research studies and assess their impact for providing strategic inputs to the top management for framing national level policies for MSMEs and to meet the emerging challenges through planning based on more accurate forecasts.

1

0

0

0

1 B

Chief General Manager (Capital Advisory Services – SME Exchange)

on contract basis

CTC upto `40 lakhs per annum at Mumbai

Would be heading a team of professionals for undertaking activities such as advisory services, merchant banking and other related activities focusing on MSMEs, including those pertaining to the SME Exchange platform.

1

1 C

Chief General Manager (Marketing of Financial / Loan products) On contract basis

CTC upto `40 lakhs per annum at Mumbai / Delhi

 

Would be handling activities related to Third party products sale, FD sales, marketing of MSME business products both debt & equity.

1

2 A

General Manager (Human Resources & Industrial Relations)

On contract basis

CTC upto `30 lakhs per annum at Mumbai / Lucknow

To implement forward looking HR policies, Additionally, would be handling activities related to discipline matters, court cases, association matters, exit management, etc. in the HR department of the Bank.

1

0

0

0

2 B

General Manager  (Risk  Management)

On contract basis

CTC upto `30 lakhs per annum at Mumbai

Would be strengthening and streamlining all risks including Credit Risk, Market Risk and Operational Risk Management (ORM) areas of the Bank in line with the extant guidelines issued by RBI from time to time.

1

2 C

General Manager  (Treasury)

On contract basis

CTC upto ` 30 lakhs per annum at Mumbai

Would be required to manage a large rupee & forex treasury on a profit centre basis including debt products and trading, derivative transactions, equity trading, forex trading, currency swaps and raising of resources (both domestic & international), etc.

1

3 A

Deputy General Manager (Taxation) at Mumbai

` 39850 – 1200 (2) – 42250 – 1300 (3) -46150 (6 years)

` 78,000 p.m (` 16 lakhs per annum)

Would be handling activities related to taxation such as filing returns, policy matters, tax audit, etc so as to optimise tax payouts.

1

0

0

1

3 B

Deputy General Manager  (Audit & Inspections)

` 39850 – 1200 (2) – 42250 – 1300 (3) -46150 (6 years)

` 78,000 p.m (` 16 lakhs per annum)

Would be handling activities related to inspection of State Finance Corporations (SFCs) / Micro Finance Institutions (MFIs) / Non-Banking Finance  Companies (NBFCs), etc. and audit functions of the Bank including securitization / buyouts, etc.

2

4 A

Assistant General Manager  (Risk Management)

` 28350 – 1000 (5) – 33350 – 1150 (4) -37950 – EB – 1150 (3) – 41400 (13 years)

` 56,000 p.m (` 12.5 lakhs per annum)

Would be strengthening and streamlining all risks including Credit Risk, Market Risk and Operational Risk Management (ORM) areas of the Bank in line with the extant guidelines issued by RBI from time to time.

1

1

0

1

4 B

Assistant General Manager  (Treasury)

` 28350 – 1000 (5) – 33350 – 1150 (4) -37950 – EB – 1150 (3) – 41400 (13 years)

` 56,000 p.m (` 12.5 lakhs per annum)

Would be required to manage a large rupee & forex treasury on a profit centre basis including debt products and trading, derivative transactions, equity trading, forex trading, currency swaps, raising of resources (both domestic & international), etc.

1

4C

Assistant General Manager  (Taxation)

` 28350 – 1000 (5) – 33350 – 1150 (4) -37950 – EB – 1150 (3) – 41400 (13 years)

` 56,000 p.m (` 12.5 lakhs per annum)

Would be handling activities related to taxation such as filing returns, policy matters, tax audit, etc so as to optimise tax payouts.

1

 

Total

 

12

1

0

2

Age Limit, Educational Qualification & Work Experience (as on October 01, 2011)

Post Code

Name of Posts

(Streams)

No.

Of

Posts

Max Age

Minimum Educational Qualification

Minimum Post Qualification Work Experience

1 A

Chief Economist

on contract basis

[in the rank of CGM]

1

57

Post Graduate in Economics with specialization in Monetary / Financial Economics or Econometrics. Preferably a doctorate in Banking / Economics / Finance / Management. 18 years in related areas in Banks / Financial Institutions or reputed corporates. High level of skills in quantitative techniques and thorough knowledge of financial sector / financial market / Indian and global economies

 

1 B

Chief General Manager (Capital Advisory Services – SME Exchange)

On contract basis

1

57

Post Graduate Degree / Diploma in Business Administration (PGDBA), Post Graduate Degree / Diploma in Business Management (PGDBM), Post Graduate Degree / Diploma in Management (PGDM), MBA / CA / Degree in Engineering /ICWA.

Preferably with additional Capital Market related qualification

18 years in the Financial Sector / Banks / Institutions, including minimum 5 years in merchant banking / investment banking / venture capital / private equity or related activity.

1 C

Chief General Manager (Marketing) – Third party products sale, FD sales, MSME business products marketing etc.

On contract basis

1

57

Graduate preferably with PGDBA/PGDBM/PGDM/MBA in Marketing 18 years including minimum 5 years in areas of marketing of financial products including loan products.

2 A

General Manager

(Human Resources & Industrial Relations)

On contract basis

1

57

Post Graduate Degree in Industrial Relations /  Social Sciences.

OR

PGDBA/PGDBM/PGDM/MBA in HR/IR

Candidates with LLB will be preferred.

14 years including minimum 5 years in areas of Industrial Relations / HRD in a Bank / Financial Institution.

2 B

General Manager

(Risk  Management)

On contract basis

1

57

Post Graduate Degree in Economics / Econometrics/ Statistics / CA /MBA/PGDBM / Degree in Engineering.

Candidates having special qualification in Risk management would be preferred.

14 years including minimum 5 years in the area of Risk Management related functions in Banks / Financial Institutions

2 C

General Manager (Treasury)

On contract basis

1

57

Graduate with PGDBA/PGDBM/DM/MBA / CA / ICWA / Degree in Engineering. 14 years including minimum 5 years in the area of Treasury and related operations in Commercial Banks / Financial Institutions / Capital Market Institutions.

3 A

Deputy General Manager (Taxation)

1

55

CA, preferably with LLB 10 years including minimum 5 years in the area of Taxation relating to all matters related to financial services industry.

3 B

Deputy General Manager

(Audit / Inspections)

2

Degree in Engineering with MBA /PGDBA/PGDM/PGDBM from a recognized university / institute OR CA/ICWA. Preference would be given to candidates having special qualification in Micro Finance / related areas. 10 years including minimum 5 years in the areas of inspection / audit of Banks / Financial Institutions / Non-Banking Finance Companies / Micro Finance Institutions.

4 A

Assistant General Manager

(Risk Management)

1

45

Post Graduate Degree in Economics / Econometrics/ Statistics / CA /MBA/PGDBM / Degree in Engineering.

Candidates having special qualification in Risk management would be preferred.

5 years including minimum 3 years in the area of Risk Management related functions in Banks / Financial Institutions

4 B

Assistant General Manager (Treasury)

1

Graduate with PGDBA/PGDBM/DM/MBA / CA / ICWA / Degree in Engineering. 5 years including minimum 3 years in the area of Treasury operations in Commercial Banks / Financial Institutions / Capital Market Institutions.

4C

Assistant General Manager (Taxation)

1

CA, preferably with LLB 5 years including minimum 3 years in the area of Taxation relating to all matters related to financial services industry.

Selection Procedure (for all the posts) Selection would be by way of personal interview before the Selection Committee.   The Bank will undertake a preliminary screening of the applications for preparing, if necessary, a shortlist of eligible candidates to be called for interview.  Thus, merely fulfilling the requirements laid down in the advertisement would not automatically entitle any candidate to be called for interview.

How To Apply:

Duly filled in application (in English or Hindi), as per the format available on the Bank’s website with a recent passport size photograph pasted thereon, bearing full signature of the candidate across the same with date, should be sent so as to reach the Chief General Manager, Human Resources Development Department (HRDD), Small Industries Development Bank of India, Head Office, SIDBI Tower, (II Floor), 15, Ashok Marg, Lucknow – 226001 on or before December 11, 2011

Last Date: December 11, 2011

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